Survey of Current Business
Online
July 2008
Bureau of Economic Analysis
Volume 88 Number 7
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Director's Message
 PDF (184 KB)
Taking Account
 PDF (39 KB)
Articles

GDP and the Economy: Final Estimates for the First Quarter of 2008
Real GDP increased 1.0 percent after increasing 0.6 percent in the fourth quarter. Consumer spending for services, exports, federal government spending, and inventory investment increased. In contrast, consumer spending for durable goods and housing investment decreased.

 PDF (151 KB)

Real Inventories, Sales, and Inventory-Sales Ratios for Manufacturing and Trade for the First Quarter of 2008
These estimates, including estimates of inventories for manufacturing by stage of fabrication, have been updated.

 PDF (201 KB)

The International Investment Position of the United States at Yearend 2007
The net international investment position was –$2,441.8 billion; it was –$2,225.8 billion at yearend 2006. The change was mainly due to strong foreign acquisitions of U.S. financial assets.

 PDF (710 KB)

Direct Investment Positions for 2007: Country and Industry Detail
The historical-cost positions of both U.S. direct investment abroad and foreign direct investment in the United States increased 14 percent. In 2006, U.S. direct investment abroad increased 10 percent, and foreign direct investment in the United States increased 13 percent.

 PDF (1512 KB)

Annual Revision of the U.S. International Accounts, 1974–2007
Once a year, U.S. transactions and international investment position statistics are revised to incorporate updated data and various statistical improvements. The main improvements this year were in services and securities.

 PDF (1389 KB)

How BEA Aligns and Augments Source Data From the U.S. Treasury Department for Inclusion in the International Transactions Accounts
Once a year, estimates of financial-account flows in the international transactions accounts, which are based on Treasury Department data, are adjusted to align the estimates with balance-of-payments concepts and to close gaps in coverage.

 PDF (102 KB)

U.S. International Transactions: First Quarter of 2008
The U.S. current-account deficit increased $9.1 billion to $176.4 billion, mainly reflecting a decrease in the surplus on income. In the financial account, net financial inflows decreased $89.1 billion to $124.3 billion.

 PDF (277 KB)
 Tables (9426 KB)

Gross Domestic Product by State: Advance Estimates for 2007 and Revised Estimates for 2004–2006
Economic growth slowed in 36 states in 2007. Contractions in construction and in finance and insurance restrained growth in many states.

 PDF (409 KB)
 Tables (811 KB)

State Personal Income: First Quarter of 2008
Growth ranged from 7.6 percent in North Dakota to –1.9 percent in Arkansas. Nationally, personal income grew 1.1 percent, compared with 1.2 percent in the fourth quarter.

 PDF (4789 KB)

Upcoming in the Survey...

Annual Revision of the National Income and Product Accounts. The effects of the revision on GDP, the principal sources of the revisions, and an extensive set of NIPA tables.

Charts and Tables
National Data
Selected NIPA Tables
 PDF
Contents
• Domestic Product and Income
• Personal Income and Outlays
• Government Current Receipts and Expenditures
• Foreign Transactions
• Saving and Investment
• Income and Employment by Industry
• Supplemental Tables
 (2894 KB)
NIPA-Related Table
 PDF
Contents
• Personal Income and its Disposition
 (105 KB)
Historical Measures
 PDF
Contents
• GDP and other major NIPA Aggregates
 (325 KB)
Charts
 PDF
Contents
• Selected NIPA Tables
• Real GDP Per Capita
• Savings and Investment Measures
• Gross Domestic Purchases
• Profits
• Inventory/Sales Ratios
• More
 (149 KB)
Industry Data
Industry Table
 PDF
Contents
• Percent Changes in
Chain-Type Quantity
and Price Indexes
for Value Added by Industry
for 2004–2006
 (87 KB)
International Data
As a result of the annual revision of the U.S. international transactions accounts, the Transactions Tables except for F.1, the Investment Tables, and the Charts are not included in the July issue. See “Annual Revi­sion of the U.S. International Accounts for 1974–2007” and “U.S. International Transactions: First Quarter of 2008.” See also “The International Investment Position at Yearend 2007” and “Direct Investment Positions for 2007: Country and Industry Detail.”
Transactions Tables
 PDF
Contents
• U.S. International Transactions in Goods and Services
• U.S. International Transactions
• U.S. International Transactions by Area
• Private Services Transactions
 (102 KB)
Investment Tables
(Unavailable)
Charts
(Unavailable)
Regional Data
State and Regional Tables
 PDF
Contents
• Personal Income
• Personal Income and Per Capita Personal Income
• Disposable Personal Income and Per Capita Disposable Personal Income
• Gross Domestic Product by State
 (365 KB)
Local Area Table
 PDF
Contents
• Personal Income and Per Capita Personal Income by Metropolitan Area
 (791 KB)
Charts
 PDF
Contents
• Selected Regional Estimates
• Personal Income by Region
• GDP by State by Region
• Personal Income Growth Rates
• Maps: GDP by State and Personal Income
 (578 KB)
Appendixes
Additional Information About the NIPA Estimates
 PDF
Contents
• Statistical Conventions
• Reconciliation: Net Exports in NIPAs and ITAs
 (82 KB)
Suggested Reading
 PDF
Contents
• References Material for all BEA Accounts
 (54 KB)
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